Payroll Services
Accurate payroll processing with full tax compliance
Complete Payroll Management
Managing payroll in Georgia involves calculating salaries, withholding income tax, pension contributions, and filing monthly declarations. Our payroll services ensure your employees are paid correctly and on time, while keeping you compliant with Georgian labor law.
Georgia Payroll Taxes
Income Tax: 20% (withheld by employer)
Pension: 2% employee + 2% employer (mandatory)
No Social Security: Georgia has no separate social tax
What's Included
Monthly Processing
- Salary calculations
- Overtime and bonus processing
- Leave and sick day tracking
- Net pay calculations
Tax Compliance
- Income tax withholding (20%)
- Pension contribution calculations
- Monthly tax declarations
- Annual reconciliation
Documentation
- Pay slips for employees
- Employment contracts
- Leave records
- Annual income certificates
Reporting
- Monthly payroll reports
- Cost analysis by department
- Year-end summaries
- Budget forecasting
Pension System in Georgia
Since 2019, Georgia has a mandatory pension system for employees under 40. Here's how it works:
- Employee contribution: 2% of gross salary
- Employer contribution: 2% of gross salary
- Government contribution: 2% (up to certain limits)
- Mandatory for: Employees born after 1976
- Voluntary for: Self-employed and older employees
Our Payroll Process
Data Collection
Receive timesheets, leave requests, and any changes by the 25th.
Processing
Calculate gross pay, deductions, and net amounts.
Approval
Send payroll summary for your review and approval.
Payment & Filing
Process payments and file tax declarations.